Tianjin Guifaxiang 18th Street Mahua Food Co Ltd
Tianjin Guifaxiang 18th Street Mahua Food Co.,Ltd. engages in the research and development, production, and sale of traditional specialty and other snack food in China. It offers traditional snack food and other snack food, such as cakes, Tianjin-style instant food, and sweet chestnuts, as well as fried dough twists, cakes, seasonal food, and other leisure food. The company sells its products thr… Read more
Tianjin Guifaxiang 18th Street Mahua Food Co Ltd (002820) - Net Assets
Latest net assets as of September 2025: CN¥892.02 Million CNY
Based on the latest financial reports, Tianjin Guifaxiang 18th Street Mahua Food Co Ltd (002820) has net assets worth CN¥892.02 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥989.24 Million) and total liabilities (CN¥97.23 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥892.02 Million |
| % of Total Assets | 90.17% |
| Annual Growth Rate | 12.22% |
| 5-Year Change | -13.38% |
| 10-Year Change | 113.77% |
| Growth Volatility | 34.01 |
Tianjin Guifaxiang 18th Street Mahua Food Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Tianjin Guifaxiang 18th Street Mahua Food Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tianjin Guifaxiang 18th Street Mahua Food Co Ltd (2011–2024)
The table below shows the annual net assets of Tianjin Guifaxiang 18th Street Mahua Food Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥920.28 Million | -6.31% |
| 2023-12-31 | CN¥982.27 Million | +3.09% |
| 2022-12-31 | CN¥952.78 Million | -9.56% |
| 2021-12-31 | CN¥1.05 Billion | -0.83% |
| 2020-12-31 | CN¥1.06 Billion | -1.41% |
| 2019-12-31 | CN¥1.08 Billion | -0.61% |
| 2018-12-31 | CN¥1.08 Billion | +4.40% |
| 2017-12-31 | CN¥1.04 Billion | +6.20% |
| 2016-12-31 | CN¥977.87 Million | +127.15% |
| 2015-12-31 | CN¥430.50 Million | +20.97% |
| 2014-12-31 | CN¥355.87 Million | +22.56% |
| 2013-12-31 | CN¥290.37 Million | +28.98% |
| 2012-12-31 | CN¥225.12 Million | +9.55% |
| 2011-12-31 | CN¥205.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Guifaxiang 18th Street Mahua Food Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 379.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥262.99 Million | 28.58% |
| Common Stock | CN¥200.87 Million | 21.83% |
| Other Comprehensive Income | CN¥79.89 Million | 8.68% |
| Other Components | CN¥376.53 Million | 40.91% |
| Total Equity | CN¥920.28 Million | 100.00% |
Tianjin Guifaxiang 18th Street Mahua Food Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Guifaxiang 18th Street Mahua Food Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Knowit AB
LSE:0GNK
|
$194.83 Million |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
$194.88 Million |
|
Latent View Analytics Limited
NSE:LATENTVIEW
|
$194.89 Million |
|
MegaStudyEdu Co. Ltd
KQ:215200
|
$194.93 Million |
|
DiaMedica Therapeutics Inc
NASDAQ:DMAC
|
$194.64 Million |
|
Mo-BRUK S.A
PINK:MBRFF
|
$194.61 Million |
|
PHX Energy Services Corp
OTCQB:PHXHF
|
$194.54 Million |
|
Ziel Home Furnishing Technology Co. Ltd. A
SHE:301376
|
$194.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Guifaxiang 18th Street Mahua Food Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 982,272,000 to 920,278,000, a change of -61,994,000 (-6.3%).
- Net income of 27,073,000 contributed positively to equity growth.
- Dividend payments of 39,069,000 reduced retained earnings.
- Share repurchases of 49,999,551 reduced equity.
- Other comprehensive income increased equity by 79,856,372.
- Other factors decreased equity by 79,854,821.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.07 Million | +2.94% |
| Dividends Paid | CN¥39.07 Million | -4.25% |
| Share Repurchases | CN¥50.00 Million | -5.43% |
| Other Comprehensive Income | CN¥79.86 Million | +8.68% |
| Other Changes | CN¥-79.85 Million | -8.68% |
| Total Change | CN¥- | -6.31% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Guifaxiang 18th Street Mahua Food Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.74x to 2.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.33 | CN¥11.58 | x |
| 2012-12-31 | CN¥1.46 | CN¥11.58 | x |
| 2013-12-31 | CN¥1.90 | CN¥11.58 | x |
| 2014-12-31 | CN¥2.31 | CN¥11.58 | x |
| 2015-12-31 | CN¥2.80 | CN¥11.58 | x |
| 2016-12-31 | CN¥6.19 | CN¥11.58 | x |
| 2017-12-31 | CN¥5.05 | CN¥11.58 | x |
| 2018-12-31 | CN¥5.28 | CN¥11.58 | x |
| 2019-12-31 | CN¥5.36 | CN¥11.58 | x |
| 2020-12-31 | CN¥5.09 | CN¥11.58 | x |
| 2021-12-31 | CN¥5.44 | CN¥11.58 | x |
| 2022-12-31 | CN¥4.74 | CN¥11.58 | x |
| 2023-12-31 | CN¥4.83 | CN¥11.58 | x |
| 2024-12-31 | CN¥4.76 | CN¥11.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Guifaxiang 18th Street Mahua Food Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.46%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.09x
- Recent ROE (2.94%) is below the historical average (11.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 24.37% | 14.39% | 1.33x | 1.27x | CN¥29.43 Million |
| 2012 | 25.31% | 13.42% | 1.45x | 1.31x | CN¥34.47 Million |
| 2013 | 29.01% | 18.22% | 1.28x | 1.24x | CN¥55.21 Million |
| 2014 | 24.31% | 18.80% | 0.97x | 1.34x | CN¥50.92 Million |
| 2015 | 21.85% | 20.57% | 0.89x | 1.20x | CN¥50.99 Million |
| 2016 | 9.38% | 20.06% | 0.44x | 1.06x | CN¥-6.02 Million |
| 2017 | 8.92% | 19.05% | 0.45x | 1.05x | CN¥-11.24 Million |
| 2018 | 7.76% | 17.50% | 0.42x | 1.04x | CN¥-24.29 Million |
| 2019 | 7.85% | 16.67% | 0.45x | 1.05x | CN¥-23.15 Million |
| 2020 | 2.36% | 7.18% | 0.32x | 1.04x | CN¥-81.20 Million |
| 2021 | 2.02% | 5.25% | 0.35x | 1.09x | CN¥-84.06 Million |
| 2022 | -7.32% | -29.50% | 0.23x | 1.08x | CN¥-165.00 Million |
| 2023 | 6.21% | 12.11% | 0.48x | 1.08x | CN¥-37.19 Million |
| 2024 | 2.94% | 5.46% | 0.49x | 1.09x | CN¥-64.95 Million |
Industry Comparison
This section compares Tianjin Guifaxiang 18th Street Mahua Food Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,271,150,340
- Average return on equity (ROE) among peers: 17.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Guifaxiang 18th Street Mahua Food Co Ltd (002820) | CN¥892.02 Million | 24.37% | 0.11x | $194.73 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $296.34 Million | 13.18% | 0.58x | $322.05 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $135.06 Million | 5.79% | 0.97x | $334.27 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $1.74 Billion | 8.58% | 0.63x | $341.35 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $655.17 Million | 3.96% | 0.09x | $419.13 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $2.19 Billion | 12.06% | 0.42x | $3.99 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $425.35 Million | 6.38% | 1.44x | $202.97 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $1.82 Billion | 4.59% | 0.27x | $263.05 Million |
| Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) | $1.25 Billion | 12.64% | 0.11x | $161.52 Million |
| Guangdong Yuehai Feeds Group Co.Ltd. (001313) | $2.57 Billion | -3.32% | 0.86x | $168.08 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.63 Billion | 107.55% | 0.66x | $445.69 Million |